“The Union Budget 2025 is poised to accelerate India’s position as a global AI leader. Expect significant investments in AI research, focusing on indigenous large language models and AI chip development. Comprehensive AI skilling initiatives targeting urban and tier-2/3 cities will prepare a future-ready workforce. Policies under “AI for Bharat” will likely prioritize healthcare, agriculture, and education, addressing India’s unique challenges. The recently approved national AI mission, ‘INDIAai,’ aims to foster AI innovation and collaboration across academia, industry, and government. With evolving regulatory frameworks ensuring ethical AI use, tax incentives for AI hardware manufacturing and funding for AI startups will bolster the “Make in India” vision, propelling economic growth through technology-driven solutions.”
– Bharat Chadha, Partner, Tech Consulting, Uniqus Consultech.
Source: Money Control
